Market Report

Newport Coast, CA 92657

Single-Family Homes

Chartwell Escrow



Newport Coast, CA 92657

Mon Feb 06 2023
This week the median list price for Newport Coast, CA 92657 is $9,996,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has increased to 32. Click here to stay informed with the Newport Coast market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Newport Coast, CA 92657

Mon Feb 06 2023
This week the median list price for Newport Coast, CA 92657 is $9,996,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has increased to 32. Click here to stay informed with the Newport Coast market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $9,996,500
Median Price of New Listings $4,547,500
Per Square Foot $1,675
Average Days on Market 221
Median Days on Market 126
Price Decreased 28%
Price Increased 3%
Relisted 3%
Inventory 32
Median Rent
Market Action 30
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$28,725,000 13,011 0.5 - 1 acre 6 10 5 0 1 350
$14,490,000 8,699 0.25 - 0.5 acre 5 7.5 22 1 0 178
$5,637,500 4,107 8,000 - 10,000 sqft 4 6 23 1 0 105
$3,447,500 2,792 6,500 - 8,000 sqft 4 3.5 25 2 1 133